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Loan Officer, Health Care Community Development Lending 

10-15-2020 06:19 PM

Primary Care Development Corporation (PCDC) invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve.  PCDC is uniquely positioned to provide financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental and behavioral health services.  PCDC's Capital Investment staff understand primary care business models and monitor policy changes and regulations that affect primary care practices and revenue streams, and serve as trusted advisors to clients on what it takes to successfully finance capital projects in a changing health care environment. This full-time Loan Officer will ideally be based in PCDC's NYC office, but there is some potential flexibility there. The Loan Officer plays a central role in the growth and expansion of PCDC's lending business, with primary responsibility for identifying investment opportunities, managing transaction due diligence, underwriting, and structuring financing products and portfolios in designated geographic markets of the US.  The Loan Officer works with borrowers through all stages of the financing process: assisting with applications, assessing the viability of borrowers and projects, conducting financial analyses, underwriting and structuring loans, preparing credit memos, presenting proposals to loan committees, and negotiating terms and documents for loan closing.

The Loan Officer reports directly to the Chief Lending Officer, and also works closely with the Chief Credit Officer, and partners with the Capital Investment team to support the achievement of team and enterprise goals and deliver high quality customer service to PCDC's clients.

Requirements include the following:

  • Minimum of three years lending experience in community development and/or community facility financing, including underwriting and management of construction and permanent commercial loans, preferably with a CDFI or other community development lender
  • Bachelor's degree in Business or Finance
  • Knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit management
  • Knowledge of, or commitment to, the healthcare industry and primary healthcare
  • Strong financial analysis skills, particularly with nonprofit accounting
  • Strong oral and written communication skills
  • Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in racially, ethnically and socioeconomically diverse environments
  • Ability and willingness to travel throughout the US
  • High degree of self-motivation, creativity and flexibility

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